Are you purchasing an interest in a vacation or investment property in Australia along with other co-owners on a tenants-in-common basis? Set out the rights and obligations of the co-owners in this Tenants-in-Common Agreement, to be signed as a deed and registered at the Land Title Office.

Provisions of the Agreement include:

• the proportion of the vacation / investment property owned by each co-owner;


• the time period during which each co-owner will have exclusive use of the property;


• responsibility of each co-owner for property maintenance;


• appointment of a management and letting agent;


• rental of the property;


• insurance, common costs, and utilities;


• additional capital injections;


• sale of property with and without pre-emption rights;


• mortgage or encumbrance of the property;


• market valuation;


• power of attorney;


• dispute resolution.

This Australia Tenants-in-Common Agreement is provided in MS Word format and is fully editable to meet your needs.